Forex Daily Forecast, Analysis and Prediction

The USD/JPY rallied a bit during the trading session on Monday, but you should keep in the back of your mind that it was Labor Day in the United States, and a certain amount of liquidity was probably missing from the Forex markets.

The AUD/USD has gapped slightly lower to kick off the week but then turned around to rally toward the 0.68 level.

Gold markets did very little during the trading session on Labor Day as most liquidity in the United States was simply not there.

Ethereum has rallied ever so slightly during the trading session on Monday, gaining 75 basis points.

The BTC/USD market has fallen a bit during the trading session on Monday, as we continue to see this market threaten to break down below a support level.

The AUD/USD currency pair was finding a strong support level at 0.6797, but would be likely to regain some ground before falling again.

The GBP/USD price dropped to the lowest level since 1985 against the US dollar as investors focused on weak economic data from the UK.

The EUR/USD price crashed to the lowest level in more than two decades as concerns about the European economy continued.

The BTC/USD price moved sideways and remained under intense pressure as the US dollar rally continued and global risks rose.

The USD/JPY has broken above the ¥140 level over the last couple of days, and now it looks as if we are finally running into a little bit of exhaustion.

The GBP/USD has fallen yet again during the day on Friday, after initially trying to recover a bed.

The AUD/USD initially tried to rally on Friday, bolstered by a cooler than anticipated jobs number coming out of the United States.

The Euro initially tried to rally against the Swiss franc on Friday, but gave back gains.

The initial reaction of the EUR/USD to the jobs number in the United States was bullish, but by the time everybody went home for the weekend, it started selling it off again.

he Turkish lira stabilized without major changes during the early trading Monday session.